Q1 2020: DFW Office Market Report

The Dallas / Fort Worth quarterly Office Market Report details Class A & B stats across each submarket in the metroplex as well as DFW as a whole.

Before the COVID-19 outbreak in the U.S., economic activity in Texas was strong.

Population and employment growth has been driving demand for new space. In 2019, DFW saw 130,100 new residents and 81,800 new jobs which lead the nation. Though the majority of demand came from build-to-suit projects for large single tenants, multi-tenant activity picked up in 2020.

As we are all impacted by the global COVID-19 pandemic, the economy and the office leasing market will change. Cresa is dedicated to helping our clients navigate through these challenging times.